Financial Special Projects Analyst

at  Ofgem

JOB SUMMARY

Are you ready to make a significant impact in the energy sector? The Retail Financial Monitoring team at Ofgem is looking for a dynamic and enthusiastic Special Projects Analyst to join our friendly, inclusive, and diverse team. Our team comprises professionals from various financial, commercial, and energy industry backgrounds, all dedicated to providing expert financial oversight and advice to shape critical retail market decisions.
As a Special Projects Analyst, you will have the unique opportunity to work flexibly across Ofgem, engaging in cross-Ofgem projects and contributing your skills and expertise to various teams. This role is pivotal in ensuring the delivery of high-quality outputs and supporting the financial resilience of the retail market.
In this role, you will contribute to complex projects with appropriate supervision or deliver smaller projects independently, ensuring timely and high-quality results. You will collaborate with a wide range of internal and external stakeholders, sharing your expertise and supporting the development of others in line with Ofgem’s values. Your responsibilities will include coordinating key tasks and interdependencies within the team, administrating directorate-wide forums, and engaging in discussions to shape the FRC market view of the retail supply market.
Your key outputs and deliverables will involve coordinating long and short-term projects, presenting analysis on special projects, and delivering work objectives and milestones to a high standard. You will use your expertise to monitor supplier financial resilience and understand the complexities of the energy retail market, including licence conditions and reporting frameworks.
To be successful in this role, you must demonstrate proficiency in coordinating large and small projects, collaborating effectively with diverse stakeholders, and conveying complex data and analysis to non-expert audiences. Expert knowledge and use of Microsoft suite, particularly PowerPoint and Excel, are essential. You should also be skilled at building strong relationships, influencing and challenging stakeholders, and possess excellent quantitative and qualitative analytical skills.
If you are passionate about making a difference in the energy sector and meet the essential criteria, we encourage you to apply and join our dedicated team at Ofgem.

JOB DESCRIPTION

As the UK’s regulator for the energy industry, Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe, affordable and environmentally sustainable energy supply. Record increases and volatility in global prices have put the energy market under severe strain, and pricing is the subject of intense interest from retail consumers, stakeholders and government alike.
The Retail Financial Monitoring team is a friendly, dynamic and inclusive team made up of colleagues from different financial, commercial and energy industry backgrounds. The team is responsible for financial oversight of the retail market and providing expert financial advice to inform critical retail market decisions.
After the initial deployment, you will have the opportunity to work flexibly across Ofgem as a member of your Profession, working on cross-Ofgem projects, and/or in teams that require your skills and expertise.
Within Ofgem this role is known as Analyst.

TECHNICAL SKILLS

We’ll assess you against these technical skills during the selection process:

• Please refer to the Candidate Pack and Role Profile attached for full details.
• Please refer to the Candidate Pack and Role Profile attached for full details.

Benefits
Alongside your salary of £32,498, OFGEM contributes £8,774 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working (currently 1 day a week in the office but is in review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Things you need to know

NATIONALITY REQUIREMENTS

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

KEY RESPONSIBILITIES

• Contribute to complex projects with appropriate supervision or deliver smaller projects with minimal supervision, ensuring that high-quality outputs are delivered in a timely manner.
• Work with a wide range of internal and external stakeholders.
• Using your expertise, provide inclusive knowledge sharing, support and development that demonstrate commitment to Ofgem values.
• Project coordination of key tasks and interdependencies within the team.